This module uses fundamental data of NioCorp Developments to approximate its Piotroski F score. NioCorp Developments F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of NioCorp Developments Ltd. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about NioCorp Developments financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out NioCorp Developments Altman Z Score, NioCorp Developments Correlation, NioCorp Developments Valuation, as well as analyze NioCorp Developments Alpha and Beta and NioCorp Developments Hype Analysis.
NioCorp
Piotroski F Score
Change In Cash
Stock Based Compensation
Free Cash Flow
Change In Working Capital
Begin Period Cash Flow
Depreciation
Other Non Cash Items
Total Cash From Operating Activities
Issuance Of Capital Stock
Net Income
Total Cash From Financing Activities
End Period Cash Flow
Total Assets
Total Current Liabilities
Total Stockholder Equity
Net Debt
Retained Earnings
Cash
Non Current Assets Total
Long Term Debt
Common Stock Shares Outstanding
Non Current Liabilities Total
Total Liab
Net Invested Capital
Long Term Investments
Short Long Term Debt
Total Current Assets
Capital Stock
Net Working Capital
Property Plant And Equipment Net
Accounts Payable
Capital Lease Obligations
Other Current Assets
Property Plant And Equipment Gross
Tax Provision
Net Interest Income
Interest Expense
Selling General Administrative
Operating Income
Net Income From Continuing Ops
Ebitda
Total Operating Expenses
Reconciled Depreciation
Income Before Tax
Total Other Income Expense Net
Minority Interest
Probability Of Bankruptcy
Long Term Debt is likely to climb to about 12.8 M in 2025, whereas Net Debt is likely to drop slightly above 5.5 M in 2025.
At this time, it appears that NioCorp Developments' Piotroski F Score is Unavailable. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
The critical factor to consider when applying the Piotroski F Score to NioCorp Developments is to make sure NioCorp is not a subject of accounting manipulations and runs a healthy internal audit department. So, if NioCorp Developments' auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if NioCorp Developments' financial numbers are properly reported.
One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between NioCorp Developments' different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards NioCorp Developments in a much-optimized way.
F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.
Net Debt
5.52 Million
At this time, NioCorp Developments' Net Debt is fairly stable compared to the past year.
About NioCorp Developments Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NioCorp Developments Ltd's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NioCorp Developments using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NioCorp Developments Ltd based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When running NioCorp Developments' price analysis, check to measure NioCorp Developments' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NioCorp Developments is operating at the current time. Most of NioCorp Developments' value examination focuses on studying past and present price action to predict the probability of NioCorp Developments' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NioCorp Developments' price. Additionally, you may evaluate how the addition of NioCorp Developments to your portfolios can decrease your overall portfolio volatility.